Cred, a credit card bill payment startup, raised $30 Mn in its seed funding round. The company issued 20,179 Series B CCCPS shares priced Rs 13,653.31 each. The company said in its filings that the Bridge Series B funds will be used for growth, expansion, marketing and general corporate activities of the company. With this investment, Sequoia will now have 12.68% stake in Cred.